About FCGEX
NYLI PineStone Global Equity Fund Class A is an actively managed mutual fund designed to seek long-term capital appreciation by investing in a diversified portfolio of high-quality, large-cap growth companies around the world. Managed by PineStone Asset Management and overseen by experienced leaders with decades in the industry, the fund follows a rigorous, bottom-up investment process that emphasizes quality and high conviction in stock selection. It typically maintains a concentrated portfolio, with over half of its assets in its top ten holdings, spanning sectors such as technology, consumer cyclical, financial services, and communication services. The fund invests across both U.S. and international markets, with approximately one-third of assets in foreign equities, aiming to capture growth opportunities globally. Classified in the Global Large-Stock Growth category, it is benchmarked against the MSCI World Index and is positioned as a specialist strategy for investors seeking exposure to leading companies worldwide while benefiting from disciplined, long-term portfolio management.
Fund Family New York Life Investment Management LLC
Category Global Large-Cap Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FCGEX
Share Class Class A
Index MSCI World NR USD
FCGEX had a total return of 6.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.78%.
